(02-26-2019, 01:45 PM)Kaan Wrote: We are bouncing REALLY close to not being eligible.... That's going to mean a shift in where I put my money for retirement. I'm not looking forward to that decision... math says 2020 I'm making a change. Do I just put it in a regular IRA? Do I cash save it and buy Kaantucky level of acreage?
My Roth is kind of just bonus money for retirement in my overall math (I think).
I put extra monies into post-tax funds, so I can access it for emergencies, down payment, etc. without paying the IRA 10% penalty. If you know you aren't going to need it, then I think IRA is the answer.
(02-26-2019, 01:52 PM)D_Eclipse9916 Wrote: It's really a shame our employers (fed gov and Deloitte) dont offer much in matching like you get, as that would be a huge benefit to us. I get a laughable pension, and 1.5% matching on 401k; Jess gets a slightly better pension but nothing like her mom and dad and I think 4% or 5% match.
Amazon only matched 50% of first 4% of base salary... and my base salary was 50% of my income. With their base salary caps, the most matching anyone could ever get from them in a year was $3200. For Google, the max match is based on IRS cap, so $9500. There are a lot of reasons I switched companies and an extra $6000 tax free isn't anything to sneeze at.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth